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BlackRock Global Long/Short Equity Fund Class I (BDMIX)

Mutual Fund · Currency in USD · Last updated Mar 18, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in BlackRock Global Long/Short Equity Fund Class I in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,695 for a total return of roughly 36.95%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
5.84%
6.48%
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)

S&P 500

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Return

BlackRock Global Long/Short Equity Fund Class I had a return of 2.36% year-to-date (YTD) and 6.03% in the last 12 months. Over the past 10 years, BlackRock Global Long/Short Equity Fund Class I had an annualized return of 2.72%, while the S&P 500 had an annualized return of 9.71%, indicating that BlackRock Global Long/Short Equity Fund Class I did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.33%-5.31%
Year-To-Date2.36%2.01%
6 months7.35%0.39%
1 year6.03%-10.12%
5 years (annualized)2.26%7.32%
10 years (annualized)2.72%9.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20232.28%-0.91%
20221.86%-0.44%1.84%1.80%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BlackRock Global Long/Short Equity Fund Class I Sharpe ratio is 1.04. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00NovemberDecember2023FebruaryMarch
1.04
-0.43
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)

Dividend History

BlackRock Global Long/Short Equity Fund Class I granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM2022202120202019201820172016201520142013
Dividend$0.00$0.00$0.14$0.03$0.77$0.12$0.00$0.00$0.21$0.01$0.15

Dividend yield

0.00%0.00%1.23%0.30%6.89%1.02%0.00%0.00%2.03%0.12%1.41%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Global Long/Short Equity Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.77
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2013$0.15

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-0.57%
-18.34%
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Global Long/Short Equity Fund Class I. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the BlackRock Global Long/Short Equity Fund Class I is 12.42%, recorded on Sep 12, 2016. It took 267 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.42%May 5, 2015343Sep 12, 2016267Oct 3, 2017610
-9.44%May 29, 2019204Mar 18, 2020244Mar 8, 2021448
-7.45%May 14, 2021315Aug 12, 2022119Feb 2, 2023434
-4.87%Jan 16, 201837Mar 8, 201857May 30, 201894
-4.79%Feb 3, 201462May 1, 201499Sep 22, 2014161
-4.28%Oct 1, 201412Oct 16, 2014136May 4, 2015148
-3.3%Nov 14, 201811Nov 29, 201830Jan 15, 201941
-2.71%Aug 6, 201316Aug 27, 201330Oct 9, 201346
-2.46%Mar 31, 20219Apr 13, 202117May 6, 202126
-2.27%Jun 6, 201826Jul 12, 201822Aug 13, 201848

Volatility Chart

Current BlackRock Global Long/Short Equity Fund Class I volatility is 5.98%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
5.98%
21.17%
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)